MARKETS DAILY HOLIDAYS: What's a 'Satoshi'?
On today's holiday episode of Markets Daily, we take a look at the term "Satoshi" – its origin, what it means and why it matters.

On today's holiday episode of Markets Daily, we take a look at the term "Satoshi" – its origin, what it means and why it matters.
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State of the Blockchain 2025

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
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Strategy reloads on bitcoin, acquires a further 1,229 BTC for $109 million

Strategy, the largest public BTC holder resumes buying, lifting holdings to 672,497 coins.
What to know:
- Strategy purchased 1,229 bitcoin for $108.8 million last week at an average price of $88,568, lifting total holdings to 672,497 BTC.
- The purchase was funded through the sale of $108.8 million in common stock, with MSTR shares down 1% in premarket trading as bitcoin slipped towards $87,000.








